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Basra Investment withdraw investment licenses 3
Basra / term
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Basra Investment withdraw investment licenses 3
Basra / term
It announced the investment in the province of Basra, it decided to withdraw its three investment licenses already granted to one of them a Pakistani companies to implement a housing project and another tourist and commercial third of the lack of commitment of these companies to implement.
The authority said in a statement received "long" version of it, it 's " I decided after giving ultimatums in implementation of the Investment Law No. 13 of 2006 , the withdrawal of three investment licenses already granted by the Commission for the investors , " asserting that " the first license was withdrawn from a Pakistani company after he awarded her in 2012 to create a residential complex at a cost of $ 248 million, consisting of 1,600 housing units. "
And it stated that " the second license was withdrawn from the Iraqi company after I got them to create a tourist park on 158 dunums at a cost of $ 107 million , " noting that " the holiday third was pulled from an Iraqi investor obtained in 2012 for the establishment of a shopping mall in the Al Ashar district at a cost of $ 17 million. "
The authority said in a statement received "long" version of it, it 's " I decided after giving ultimatums in implementation of the Investment Law No. 13 of 2006 , the withdrawal of three investment licenses already granted by the Commission for the investors , " asserting that " the first license was withdrawn from a Pakistani company after he awarded her in 2012 to create a residential complex at a cost of $ 248 million, consisting of 1,600 housing units. "
And it stated that " the second license was withdrawn from the Iraqi company after I got them to create a tourist park on 158 dunums at a cost of $ 107 million , " noting that " the holiday third was pulled from an Iraqi investor obtained in 2012 for the establishment of a shopping mall in the Al Ashar district at a cost of $ 17 million. "
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